Western Region to Lead India Textile Chemicals Market till 2023
Increasing
demand for textile products from domestic as well as international market
coupled with capacity expansion and favorable government policies to
fuel India textile chemicals market through 2023
According to TechSci Research report, “India Textile Chemicals Market By Type, By Process Type, By Textile Type, By Sales
Channel, By End Use, Competition, Forecast & Opportunities, 2013 – 2023”, India textile chemicals market is projected to grow at a CAGR of around
10%, in value terms, during 2018-2023. The market is highly fragmented with around 300-500 players operating in
the market, owing to high rate of subsidy offered to small enterprises by the
government of India to establish their business. Over the past few years, textile industry has witnessed constant growth
due to increasing exports of yarn and fabrics along with growing focus towards
the development of technical textiles in the country. Moreover, stringent
environmental regulations imposed in China against pollution have forced several
Chinese textile dye manufacturers to discontinue their operations, which in
turn is resulting in opportunities for Indian players to further penetrate the
international market.
Browse 9 market data Tables and 39 Figures spread
through 95 Pages and an in-depth
TOC on "India Textile Chemicals
Market"
https://www.techsciresearch.com/report/india-textile-chemicals-market/3746.html
Several textile manufacturers are striving for the production of high-quality
finished textile products to compete with highly rated clothing brands, owing
to which increasing focus on pre-treatment and finishing processes is growing
in India. Moreover, rising focus on imparting wrinkle- free anti-microbial,
anti-fungal properties to final textile products is anticipated to propel the
demand for textile chemicals in India during forecast period. Western region accounts
for the largest share in India textile chemicals market, backed by the presence
of large number of textile mills in the region, majorly in Gujarat and
Maharashtra for production of apparel, home furnishing products and technical
textiles.
Download Sample Report @https://www.techsciresearch.com/sample-report.aspx?cid=3746
Customers can also request for
10% free customization on this report.
“Western India is the
hub for textile manufacturing industry, boasting presence of major players like
Reliance Industries Ltd., Arvind Ltd. and Jindal Worldwide Ltd. in the region.
Growing government investments towards the establishment of textile technical
parks and favorable policies of state governments of Gujarat and Maharashtra to
promote growth and expansion of technical textile industry are expected to aid
the domestic textile manufacturing industry in western region, thereby
catalyzing the demand for textile chemicals in coming years.”,
said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global management
consulting firm.
“India
Textile Chemicals Market By Type, By Process Type, By Textile Type, By Sales
Channel, By End Use, Competition, Forecast & Opportunities, 2013 – 2023”
has evaluated the future growth potential of textile chemicals market across
the country and provides statistics and information on market structure, size,
share and future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers to take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in India textile
chemicals market.
About TechSci Research
TechSci Research is a leading
global market research firm publishing premium market research reports. Serving
700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth
and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email:
[email protected]